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Sold
  • $108,900

    503 1st Ave, Luther, IA 50152

    --beds
    --baths
    0.36Acres
    Unimproved Land
    Built in ----
    0.36 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,232 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,232/mo

    Zestimate® history
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    What's special

    Under construction... price is for general finish completed. Anticipated completion September/October. Well-built, multi-use 1500 sq.ft. ranch style building on a level .36 acre Central Iowa building lot. Plenty of room for a house or addition onto existing structure. Water, electric, and new septic system already set up. Developed with flexibility in mind for any future buyer. Layout of this structure currently includes a large BR/office, two oversized great room areas that could be used for family/rec rooms, a shop or garage, bar/man cave, she shed, or his & hers areas. Rough-in inspections completed for building/plumbing/electric. Building constructed in 1997, newer metal roof & new interior frame walls. Spray foam insulation for energy efficiency. One block from the city park and an outstanding BBQ restaurant. Driveway installed and property address already established. Easy commute to DSM/WDM metro area, Ames, Boone, and Ankeny. Listing agent/owner is a licensed realtor in the State of Iowa.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allen Goben 515-442-3586,

    Stoney Oak Properties LLC

    Bought with:

    Allen Goben, ***

    Stoney Oak Properties LLC

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6336869MLS Logo

    Facts & features

    Property

    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 088326254485148

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Luther

    Financial & listing details

    • Tax assessed value: $77,110
    • Annual tax amount: $810
    • Date on market: 4/1/2026
    • Cumulative days on market: 126 days

    Price history

    DateEventPrice
    8/21/2026Sold$108,900-27.4%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    8/6/2026Pending sale$149,900
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    8/2/2026Price change$149,900+37.6%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    7/27/2026Price change$108,900-0.9%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    6/23/2026Price change$109,900-4.4%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    6/1/2026Price change$114,900-4.2%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    5/21/2026Price change$119,900-4%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    5/13/2026Price change$124,900-2%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    4/29/2026Price change$127,500-1.8%
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem
    4/1/2026Listed for sale$129,900
    Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$810 +3.6%$77,110 +13.5%
    2024$782 +34.4%$67,951
    2023$582 +3.6%$67,951 +64.9%
    2022$562 -7.6%$41,208
    2021$608 -3.8%$41,208 +0.2%
    2020$632 +102.6%$41,120
    2019$312 +9.1%$41,120 +119.7%
    2018$286 +4.4%$18,718
    2017$274 +22.3%$18,718 +15.1%
    2016$224 $16,258
    2015$224 $16,258
    Find assessor info on the county website

    Neighborhood: 50152

    Nearby schools

    GreatSchools rating